Mongolian uranium project moves forward

Mongolia said it has reached a preliminary agreement with France’s Orano Mining Group to develop a long-awaited uranium mining project in the Dornogovi province, reported Reuters. The Zuuvch Ovoo project, with an initial investment of $500 million and a total investment of $1.6 billion, will start its preparatory phase from 2024 to 2027, with first production expected in 2028, the…

Read More